What Dolly Khanna, Porinju, Pabrai and Ashish Kacholia bought in Q1
During the quarter ended June 2018, BSE Midcap and Smallcap indices fell up to 8 per cent.
During the quarter ended June 2018, equity benchmark BSE Sensex advanced more than 5 per cent, while BSE Midcap and Smallcap indices slipped up to 8 per cent.
Initial June quarter end shareholding data showed value investors Dolly Khanna, Porinju Veliyath, Mohnish Pabrai, Ashish Kacholia and Anil Kumar Goel made quite a few changes in their portfolios.
Chennai-based investor Dolly Khanna held over 1 per cent stake each in Muthoot Capital Services and Selan Exploration as of June 30, 2018. Her name was not there among key shareholders holding more that 1 per cent in these companies at the end of March quarter. Which means she either bought these stakes freshly or raised her holdings from under 1 per cent during the quarter.
Khanna also bought 3,718 shares of Radico Khaitan and took her holding to 1.06 per cent from 1.05 per cent during the same period.
Also, her stake in Tata Metaliks went up to 1.22 per cent from 1.19 per cent.
Khanna has been investing in the domestic stock market since 1996 and the portfolio is managed entirely by her husband Rajiv Khanna. He has a knack for identifying lesser-known quality stocks at an early stage. Rajiv is widely considered the brain behind Dolly Khanna’s holdings in the equity market.
Butterfly Gandhimathi Appliances, Rain Industries, RSWM, Srikalahasthi Pipes and Thirumalai Chemicals are among the stocks where Khanna reduced his holdings during the quarter gone by.
Value investor Ashish Kacholia made several changes in his portfolio. He increased stakes in Ester Industries, GHCL, Shaily Engineering Plastics and Vaibhav Global during June quarter. He sold 48,922 shares in APL Apollo Tubes. He held 1.06 per cent stake in V2 Retail at the end of June. His name did not feature among key shareholders of the company at the end of the previous quarter.
Anil Kumar Goel
Anil Kumar Goel had stakes in at least 30 BSE-listed smallcap companies at the end of June quarter. Early data suggests he hiked his stake in JBM Auto to 1.59 per cent from 1.54 per cent at the end of March, 2018 and increased holdings in Srikalahasthi Pipes (to 2.07 per cent from 2.06 per cent) and Thirumalai Chemicals (to 2.26 per cent from 2.13 per cent).
He kept his stake constant in companies like Cosmo Films, IG Petrochemicals, Dwarikesh Sugar Industries, Mazda, OP Chains, Sanghvi Movers, TCPL Packaging, Vardhman Holdings and Vardhman Special Steels, among others.
US-based investor Mohnish Pabrai increased stakes in Rain Industries to 9.77 per cent in June quarter through his funds, Pabrai Investment Fund 3, The Pabrai Investment Fund II and The Pabrai Investment Fund IV. Pabrai Investment Fund 3 and The Pabrai Investment Fund II together held 8.62 per cent in the company at the end March.
Pabrai also hiked stake in Kolte-Patil to 5.40 per cent from 3.05 earlier.
Kochi-based investor Porinju Veliyath increased stake in Emkay Global Financial to 1.22 per cent from 1.06 per cent earlier. He bought 40,000 shares in the company during the quarter gone by.
(The list and holding details will be updated as and when more companies report June quarter shareholding data to the stock exchanges.)